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200706393 Loan No: 070711007 Data ID: 271 1(;. Governing Law; Severability; Rules of Coustruetion. This Security Instrument shall be governed by federal iaw and the law 01 the jurisdiction in which th() Property is locateu. All rights and obligations euntaineu in this Sccurity Instrument are subject to any requirements and limitations of Applicable Law. Applieahle Law might explicitly ur implicitly allow the parties to agree by contract or it might be silent, but such silene() shall not be eunstrueu as a prohibition against agreement by euntract. In the event that any provision ur clause of this Sceurity Instrument or the Note eunfliets with Applicable Law, such conflict shall not affect other provisions 01 this Security Instrument or the Note which can he given effect withoul the contlicting provision. As us()d in this Security Instrument: (a) words of th() masculine gender shall mean and include corn;sponding n()uter words or words of the feminine gendcr; (b) words in the singular shall mean anu include the plural anu vice versa; and (c) tht: word "may" gives sole discrction without any obligation to take any action. 17. Uor....wer's Copy. Borrower shall be given one copy of tht: Note and of this Security Instrument. HI. Transfer of' the Property or a Beneficial Interest in Horrnwer. As useu in this Section 18, "Intercst in the Propt:rty" means any legal or beneficial interest in the Property, including, but not Iimiteu to, those b()ncficial interests translerred in a bonu for deed, contract for deed, installm"nt sales "'mtraet or escrow agreement, the intent of whicll is th" transfer 01 title by Borrower at a future uate to a purehas()r. If all or any part ul th" Property or any Interest in tll() Property is sold or translcrred (or if Borrower is not a natural p"rson and a beneficial imerest in Borrower is sold or transfl:freu) without Lender's prior writt"n consent, Lender may require immediate paym()nt in full of all sums secured by this Security Instrument. How"v()r, this option shall nut be excrcised by Lend()r if su"h "x"r"ise is prohibit"u by AppJicabk Law. If Lend"r "x"r"is"s this option, Lender shall give Borrow()r noti"" of a"cderation. The noti"e shall provide a p()riod of not less than 30 uays lrom the date the noti"e is given in a""oruan"" with S()dion 15 within which Borrower must pay all sums s""ur"d by this Security Instrument. If Borrow"r fails to pay these sums prior to th" "xpiration 01 this pcriod, Lender may invok" any r"m"di"s p"rmitteu by this Security Instrum"nt without forth"r noli"" or uemand on Borrower. 19. IIon-ower's Right to Reinstute Aner Acceleration. If Borrow,:r m""ts e"rtain conditions, Borrower shall have the right to have ()nfor,,"m"nt of this S""urily Instrument discontinued at any tim" prior to the earliest of: (a) live days hdore sale of th" Prup"rty pursuant to any power of sale eontain()d in this S""urity Instrument; (b) such other period as Applicable Law mighl speeily lor the t"rmination 01 Borrower's right to minstat,,; or (c) "ntry uf a juugment enfordng this Se"urity Instrument. Those conditions ar" that Borrower: (a) pays Lender all sums which then would b" du" und()r this S""urity Instrument and the Note as if no a""deration had oe"urreu; (b) cures any default of any other eov()nants or agreements; (c) pays all exp"ns"s in"urr"d in enforcing this Security Instrument, including, but not limit"u to, reasonabk attorneys' fees, property inspection ,Ind valuation f""s, and othcr fees incurred for the purpos" of prot"cting Lender's intemst in the Property and rights und"r this Security Instrument; and (d) tak"s such action as L"nder may reasonably require to assure that Lender's int"r"st in the Property and rights under this Security Instrum"nt, and Borrower's obligation to pay the sums secured by this Security lnstrum"nt, shall continue unchanged. Lender may require that Borrow"r pay such rcinstatement sums and expenses in one or mor" of th" following lorms, as selected by Lend"r: (a) "ash; (b) money orucr; (c) certified check, bank che"k, treasur"r's "h""k or cashier's check, provided any su"h "he"k is urawn upon an institution whose deposits are insun:d by a federal agen~"y, instrum"ntality or entity; or (u) Electronic Funds Transfer. Upon rdnstat"ment by Borrowcr, this S"eurity Instrument and obligations sceured hereby shall remain fully dkdiv" as if nu acceleration had oecurrcd. However, this right to reinstate shall not apply in the case of a""dcration unuer Section 18. 20. Sule 01' Note; Chanl:e of Loan Servicer; Notice of Grievance. Th" Not" or a partial interest in the Note (togdh"r with this Security Instrument) can be sold one or more tim"s without prior noti"e tu Borrower. A sale might result in a clmng" in th" "ntity (knuwn as the "Loan Servicer") that colleds Periodic Payments due under th" Not" anu this Security Instrument and performs other mortgagc loan s()rvi"ing obligations unuer the Note, this Security Instrument, and Appli"able Law. There also might b" (1O" or more changes of the Loan Servicer unrelatt:d to a sak of th" Note. If thcre is a change of the Loan Servicer, Borrower will be given writtcn noti"e of th" "hang" which will state the name and address of the new Loan Scrvicer, the address to which payments should be maue and any othcr information RESP A requires in eonn"dion with a notice of translcr of servicing. If the Notc is solu and thereafter the Loan is serviced by a Loan Servie"r oth"r than the purchaser of the Note, the mortgage loan scrvidng ohligations to Borrower will remain with the Loan Servieer or b" transkrr"d to a successor Loan Servicer and are not assumed by th" Not" purchaser unless otherwise provided by tl](; Nole purchaser. NEBRASKA" Single Family. Fannie Mae/Freddie Mac UNIFORM INSTRUMENT 111111111111111111111111111111111111111111111111111111I1111I11111111111111111111111111111111111111111111111111111111111~]j~lliliflijllllllllmllllllllflli~~11i Ifil11 Pages) P+0070711 007+9407+09+11 +NECNVADT ~s'" #}